UPS has made a bid for European shipping company TNT. The $6.43 billion bid was turned down.
What happens next? TNT may decide it can operate successfully as a standalone company and reject all offers. UPS may raise its bid and win the prize.
Or, UPS’s major rival Fedex may not want its competition to get such a large new distribution network in Europe. According to several media reports, a Fedex bid is likely
Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE
Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply
clicking here you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
